Financial Integration Without Financial Development. [PDF]
Atl Econ J, 2021 This paper shows that, in a two-country model, where the two economies differ in their level of financial market development, financial integration has sizable short- and medium-term effects, even in the absence of aggregate risks. Consistent with the Lucas paradox, the present work establishes that financial integration can reduce the speed of capital
Corneli F.
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Convergence of the banking sector of the Republic of Serbia in the conditions of financial integration [PDF]
Bankarstvo, 2023 The process of financial integration is at the center of interest for all economic entities. A higher level of financial integration contributes to the improvement of the performance of national economies by reducing capital costs and improving the ...
Đurđević Andrijana, Furtula Srđan
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Financial Integration and International Dynamics: The Role of Volatility Shocks
Mathematics, 2023 This study investigates the impact of financial integration on international dynamics from the perspective of volatility shocks. By incorporating time-varying volatilities, recursive preferences, and a global bank into the IRBC model, it illustrates that
Aidi Tang
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International Financial Integration [PDF]
IMF Staff Papers, 2003 In recent decades, foreign assets and liabilities in advanced countries have grown rapidly relative to GDP, with the increase in gross cross-holdings far exceeding the size of net positions. Moreover, the portfolio equity and FDI categories have grown in importance relative to international debt stocks.
Philip R. Lane, Gian M Milesi-Ferretti
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The Path to Euro Adoption: a Case Study of Slovenia and Slovakia [PDF]
Global Economic Observer, 2021 By the terms of their treaties of accession, the financial integration and the adoption of the euro became binding on all new Member States of the European Union.
DORINA CLICHICI
doaj
Canada's Strategy for Key Critical Raw Materials. Case Study: Copper and Graphite [PDF]
Global Economic Observer, 2023 Critical minerals are of strategic importance in the new economy based on innovation and sustainability, as their unique properties make them essential for a wide range of advanced technologies.
DANIEL BULIN
doaj
Implications of the EU Sanctions for the Resilience of the Russian Financial System under the Current Geopolitical Environment [PDF]
Romanian Journal of European Affairs, 2023 The military invasion of Ukraine by the Russian Federation turned into Europe's most prominent military conflict since World War II, severely modifying the economic and financial relations between the European Union (EU) and the Russian Federation. Since
Dorina Clichici +1 more
doaj
ECONOMICS, 2023 This study seeks to empirically explore whether the regulatory quality in the NMS-10 impacts deepening international financial integration and whether the strengthening of regulatory quality for NMS-10 has a causal effect on the level of international ...
Ahmić Azra, Isović Ilma
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Financial development and investment market integration: An approach of underlying financial variables & indicators for corporate governance growth empirical approach [PDF]
Ekonomski Anali, 2005 Financial development is correlated with several underlying regulatory variables (such as indicators of investor protection, market transparency variables for corporate governance growth and rules for capital market development), which are under the ...
Vojinovič Borut +1 more
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Comparison of the Effect of Financial Integration on Economic Growth of Developed and Developing Countries: Empirical Evidence from Generalized Method of Moments [PDF]
مدلسازی اقتصادسنجی, 2019 The wide range of impact has transformed economic growth into one the most important key variables in macroeconomic theories. In this survey, according to the hypothesis and empirical results of Grilli & Feretti (1995), the effect of financial ...
zahra Sadighi +2 more
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